Business

More than just a good exchange rate

SME’s, Corporates and institutions use us for a comprehensive foreign exchange service. We work by your side to understand, quantify and devise bespoke risk management solutions that are in line with your commercial context and market expectations.

Our ultimate goal is to simplify the markets and precisely identify areas where we can add value for you.

How we add value

Market Professionals

Proficient in the markets and experts in strategy we are here to support your business and learn about how you operate at a granular level to give you the best experience with a personal touch. We are proactive in offering insights where others don’t so you don’t have to navigate the markets alone.

Sharper Pricing

We leverage our partners' purchasing power to provide you prices from a vast pool of liquidity. This enables our customers to enjoy the best prices available across our product range for major, minor and exotic currencies.

No Wire Fees

We are committed to sending your payments with no extra hidden fees.

Security

Our foreign exchange services are provided by Currency Cloud who are authorised and regulated by the FCA.

Unbeatable User Experience

We make the service seamless for you with our industry leading tech and finance solutions. This allows you to spend more time and money on what you do best.

Bespoke

We tailor each of our client strategies around their individual needs to improve executions standards and get you the right product.

Risk Management

Create a bespoke FX policy

When running a business we understand the importance of planning ahead. Risks come in all shapes and sizes which is why we come in to remove the blind spots and deliver a straightforward, pragmatic approach. The reality is nobody knows what is going to happen next in the market. What we do know is that no matter what size your business is, one wrong turn in the market can impact your company’s profits significantly. Our in house hedging programme minimises sensitivity to exchange rate fluctuation by working alongside you to continuously assess risks and help decide how much, how far forward and when to hedge. This enhances your visibility and in turn protects your cash flows, putting you in charge of currency purchases allowing you to continue doing what you do best; growing your business.

Process

01

Contact us via email or phone stating that you would like to become a partner of Affinity Exchange.

02

Upon receipt, your application will be assessed and processed

03

You will become a part of Affinity and you can begin referring customers

Product Suite

Forward Contract

A Forward allows you to benefit from locking in an exchange rate for a given amount over a period of up to two years (provided by Equals). We can customise your strategy for either a fixed date in the future or we offer both fixed and flexible term contracts whenever you need to. Forwards help insulate you or your business against market volatility without having to commit cash flow in advance. This helps add certainty to your trading, clearer margins and creates less pressure on prices. This product typically works for those that can forecast future income streams or expenses. It's important to consider that you are obligated to exchange funds on maturity and a 5% deposit may be required.

Limit Order

This product allows you target a specific exchange rate. The platform can automatically execute on your behalf to capture favourable upside movements to achieve your nominated rate whilst you are asleep. These are useful for payments that are not deadline driven.

Spot Contract

A Spot Contract is for immediate settlement, usually within two days from the trade being booked depending on what currency you are purchasing. This is the most widely used form of currency exchange, commonly used for supplier payments or converting funds back into your native currency. This instrument gives you the convenience of being able to book via phone, email or online

Stop Loss

A Stop Loss is a safety net mechanism to minimise sudden downside movements. Just like a limit order this product allows you to target a rate. In this case, though, the platform automatically executes your worst case specified rate to prevent greater potential losses.

OCO

A One-Cancels-the-Other order simultaneously activates both a limit order and stop loss to cover both upside and downside movements. Once one of the orders fills, the other is automatically deactivated.

Some of the industries we work with

Whether you are managing a growing supply chain, paying staff wages or working on an overseas project, we have fast, cost effective payment solutions to serve your business in any industry and of any size to achieve enhanced results.

NGO’s

Sending money to those that need it most requires a fast and efficient payment operation. We provide your organisation with ethical pricing and robust hedging solutions to effectively manage your costs when trading internationally. Our systems allow you to manage inbound donations, send funds to global stakeholders and mitigate risks. Send money with ease and benefit from using our SWIFT gpi payment tracker so you have peace of mind knowing where your funds are.

Importers/Exporters

Overseas suppliers will quote their invoices in their native currency to minimise risk to their business. The issue with this is the market does not remain static and therefore the price you pay could increase by the time you make payment. When you are making daily decisions on what to buy or where to sell and ship your product to, managing your foreign exchange requires expert attention. There are often complex supply chains requiring regular payments which is why a fast and easy to use service is of great importance. Using Affinity will help you minimise costs and alleviate the burden of managing your risk.

Payroll & Overseas Offices

Any payroll or office costs incurred in currency will be subject to FX risk. Sudden changes in prices can have a big impact on the profitability of your office and how much money you have available to pay your staff. Utilising our systems allows you to exploit the benefit of our batch payments function meaning you can send multiple payments simply with the upload of one file. If you have regular payment patterns we can support your businesses needs with a dynamic hedging protocol.

Shipping

Whether you have one or many hundreds of invoices to pay out each week we have a range of products available to support your fast-paced industry. Whether you are shipping for people or organisations, we appreciate higher container costs and tighter margins mean that FX plays a pivotal role in preserving profits. Our multiple lines of liquidity allow us to pass wholesale prices on to our customers. We offer 37 different currencies and can send your money to in excess of 180 different global locations, creating greater overall efficiencies for account payable functions.

Partners

Equals

Sciopay

iBanFirst

Get in touch with one of our dedicated account managers on: